Welcome!

News Feed Item

U.S. Department of Interior Approves SolarReserve's 100 MW Arizona Solar Power Project

Project to use SolarReserve's industry leading solar thermal with storage technology; providing reliable, zero-emissions electricity, day or night

SANTA MONICA, Calif., June 4, 2013 /PRNewswire/ -- U.S. Secretary of the Interior Sally Jewell announced the approval of the Record of Decision (ROD) for the Quartzsite Solar Energy Project located in La Paz County, Ariz. With this authorization, SolarReserve, a U.S. developer of large-scale solar power projects, is proceeding with the development of its 100 megawatt project, located on Bureau of Land (BLM) managed land. The Quartzsite Project will be utilizing SolarReserve's concentrated solar power (CSP) technology with integrated storage which allows the facility to operate like a conventional power plant, but without the environmental damage from emissions and waste. 

(Logo: http://photos.prnewswire.com/prnh/20110519/LA05757LOGO-b)

"These projects reflect the Obama Administration's commitment to expand responsible domestic energy production on our public lands and diversify our nation's energy portfolio," Secretary Jewell said. "Today's approvals will help bolster rural economies by generating good jobs and reliable power and advance our national energy security."

With more than $600 million of direct investment in Arizona, the Quartzsite Solar Energy Plant will generate approximately 440 jobs during peak construction and 50 full-time jobs for operations and maintenance. In addition, the project is expected to create local economic stimulus in the form of $15.7 million in sales tax during the construction period, with construction spending injecting another $46.3 million into the local and regional economy. 

"The BLM has done a tremendous job of administering a rigorous and fair permitting process for this project," said Kevin Smith, CEO of SolarReserve. "We appreciate the agency's support of this and other renewable energy projects that are critical to reducing harmful emissions from conventional power plants while creating real employment opportunities. The Quartzsite project will be SolarReserve's second major project successfully permitted on BLM land which demonstrates that industry and government can collaborate effectively."

SolarReserve's lead CSP project, the Crescent Dunes Project, is currently in construction near Tonopah, Nev., with construction scheduled to be substantially complete by late 2013. The 110 megawatt project has a 25-year power purchase agreement with NV Energy to sell 100 percent of the electricity output of the facility. Construction has peaked at more than 600 workers and is estimated to create more than 4,300 direct, indirect and induced jobs at companies that provide engineering, equipment supply and manufacturing, transportation and other value-added services

The Quartzite Solar Energy Project has completed all major permitting necessary for advancing the project into construction and is actively engaged in power marketing efforts. The project is slated to begin construction in 2014, once a Power Purchase Agreement has been contracted and financing for the project complete.

The project is ideally situated to deliver power into either California or Arizona according to Tom Georgis, Senior Vice President of Development. "As more and more variable resources such as wind and PV are placed onto the transmission grid; dispatchable generation such as Quartzsite with its integrated energy storage, can support grid reliability and security by firming and shaping these intermittent resources"

About SolarReserve
SolarReserve, LLC – headquartered in Santa Monica, California – is a developer of large-scale solar energy projects with activities worldwide.  SolarReserve has commercialized the world's leading solar thermal energy storage technology utilizing molten salt in a power tower configuration with the construction of the 110 megawatt Crescent Dunes Project in Nevada. SolarReserve's team of power project professionals have assembled an extensive 5,000 MW worldwide development portfolio of large-scale solar projects featuring its advanced solar thermal technology (also referred to as concentrated solar power or CSP) as well as projects utilizing photovoltaic technology.

SolarReserve's U.S. developed technology is the most advanced solar energy storage technology in the industry.  SolarReserve's molten salt power tower design has the capability to deliver clean, reliable electricity at any time, day and night. With designs that can provide from seven hours to 24 hours of full power energy storage, SolarReserve's power plants capture and store the sun's thermal energy and can operate 'on demand' just like a conventional coal, natural gas or nuclear power plant.  However, SolarReserve's technology does not release the harmful emissions associated with burning fossil fuels or other hazardous wastes associated with conventional power plant technology, nor does it expose utilities and rate payers to volatile fossil fuel prices during its more than 25 year project life.  Providing firm and predictable electricity generated from the sun, an unlimited fuel, SolarReserve's technology also provides grid stability and a solution to intermittent electricity generation, a problem from which most other renewable technologies suffer.

In addition to its market leading solar thermal technology, SolarReserve also designs and develops large-scale photovoltaic power facilities. The company closed financing and started construction on two 75 megawatt photovoltaic projects located in South Africa, with a third 96 megawatt project fully financed and scheduled to begin construction June 2013. The three projects have combined capital costs of more than $800 million, making these some of the largest project finance transactions ever completed in South Africa and among the largest renewable energy projects in Africa.

For more information about SolarReserve: www.SolarReserve.com

Media Contact:
Andi Plocek
1.310.315.2233
[email protected]

SOURCE SolarReserve

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform? In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, will give users a checklist of considerations when choosing a provider. Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion w...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
WebSocket is effectively a persistent and fat pipe that is compatible with a standard web infrastructure; a "TCP for the Web." If you think of WebSocket in this light, there are other more hugely interesting applications of WebSocket than just simply sending data to a browser. In his session at 18th Cloud Expo, Frank Greco, Director of Technology for Kaazing Corporation, will compare other modern web connectivity methods such as HTTP/2, HTTP Streaming, Server-Sent Events and new W3C event APIs ...
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Avere delivers a more modern architectural approach to storage that doesn’t require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbuilding of data centers ...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
In most cases, it is convenient to have some human interaction with a web (micro-)service, no matter how small it is. A traditional approach would be to create an HTTP interface, where user requests will be dispatched and HTML/CSS pages must be served. This approach is indeed very traditional for a web site, but not really convenient for a web service, which is not intended to be good looking, 24x7 up and running and UX-optimized. Instead, talking to a web service in a chat-bot mode would be muc...
SYS-CON Events announced today that (ISC)²® (“ISC-squared”) will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Two leading non-profits focused on cloud and information security, (ISC)² and Cloud Security Alliance (CSA), developed the Certified Cloud Security Professional (CCSP) certification to address the increased demand for cloud security expertise due to rapid growth in cloud. Recently named “The Next...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
Fortunately, meaningful and tangible business cases for IoT are plentiful in a broad array of industries and vertical markets. These range from simple warranty cost reduction for capital intensive assets, to minimizing downtime for vital business tools, to creating feedback loops improving product design, to improving and enhancing enterprise customer experiences. All of these business cases, which will be briefly explored in this session, hinge on cost effectively extracting relevant data from ...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
The Art of DevOps provides a fun overview to help teams understand DevOps. Written in the style of the famous 6th century Chinese manuscript “The Art of War,” this eBook describes DevOps in the form of a mission to continuously deliver assets to the operational battlegrounds safely, securely, and quickly. It’s a fun read with valuable insights.
Recognizing the need to identify and validate information security professionals’ competency in securing cloud services, the two leading membership organizations focused on cloud and information security, the Cloud Security Alliance (CSA) and (ISC)^2, joined together to develop an international cloud security credential that reflects the most current and comprehensive best practices for securing and optimizing cloud computing environments.
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
SYS-CON Events announced today that FalconStor Software® Inc., a 15-year innovator of software-defined storage solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. FalconStor Software®, Inc. (NASDAQ: FALC) is a leading software-defined storage company offering a converged, hardware-agnostic, software-defined storage and data services platform. Its flagship solution FreeStor®, utilizes a horizonta...